Evaluating the Impact of a Financial Literacy Intervention
Esusu Financial is a financial technology company that provides digital tools and services designed to help people become financially literate and resilient. Esusu engaged a Capstone team to evaluate the effectiveness of its pilot financial literacy program at the University of Minnesota, which consists of several workshops for students on financial literacy, credit building, and job readiness. The team administered pre- and post-test assessments to program participants to gauge the effectiveness of the program. The team utilized SPSS software to evaluate the statistical significance of the program intervention and synthesized the results in an academic white paper. The team further provided Esusu with a comprehensive pitch deck outlining recommendations for improving the program and scaling its impact. Esusu plans to use this tool to guide its growth, develop new partnerships with other universities, and ultimately work towards a financially equitable world.